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Best Momentum Stock to Buy for February 28th

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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 28th:

Universal Insurance Holdings (UVE - Free Report) : This company through its wholly-owned subsidiary is currently engaged in insurance underwriting, distribution and claims, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.0% over the last 60 days.

Universal Insurance Holdings’s shares gained 73.8% over the last three month compared with the S&P 500’s gain of 0.1%. The company possesses a Momentum Score of A.

MYR Group (MYRG - Free Report) : This holding company which is a leading specialty contractor serving the electrical infrastructure market throughout the United States and Canada who have the experience and expertise to complete electrical installations of any type and size, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.8% over the last 60 days.

MYR Group’s shares gained 26.1% over the last month compared with the S&P 500’s gain of 0.1%. The company possesses a Momentum Score of A.

Medallion Financial (MFIN - Free Report) : This specialty finance company that originates and services loans that finance taxicab medallions and various types of commercial loans, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

Medallion Financial’s shares gained 9.2% over the last month compared with the S&P 500’s gain of 0.1%. The company possesses a Momentum Score of A.

 

See the full list of top ranked stocks here

 

Learn more about the Momentum score and how it is calculated here.


See More Zacks Research for These Tickers


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MYR Group, Inc. (MYRG) - free report >>

UNIVERSAL INSURANCE HOLDINGS INC (UVE) - free report >>

Medallion Financial Corp. (MFIN) - free report >>

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